SBI Cards and Payment Services (SBI Card) reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 2.69% rise in its net profit at Rs 596.47 crore for the quarter under review as compared to Rs 580.86 crore for the same quarter in the previous year. Total income of the company increased by 29.86% at Rs 3,916.57 crore for Q4FY23 as compared to Rs 3,016.10 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 39.74% rise in its net profit at Rs 2,258.47 crore as compared to Rs 1,616.14 crore for the previous year. Total income of the company increased by 26.40% at Rs 14,285.67 crore for year under review as compared to Rs 11301.52 crore for year ended March 31, 2022.
